DAILY POST
The Chairman of the Federal Inland Revenue Service (FIRS), Zachaeus Adedeji, on Wednesday in Abuja, faulted the three-year-old N2.59trillion Tax Credit Scheme introduced by former President Muhammadu Buhari administration for road construction across the country.
This is as one of the critical executors of the Tax Credit Scheme, the Nigerian National Petroleum Company Limited, NNPCL, cleared air on $3.3billion loan facility secured for the Central Bank of Nigeria, CBN for stabilization of Naira in the foreign exchange market.
Indifference of the FIRS chairman to N2.59trillion Tax Credit Scheme introduced through Executive Order 7 of 2021 by the Buhari-led government, came to the fore during his appearance before the Senate Committee on Finance along with the Chief Financial Officer of NNPCL, Umoru Ajiya .
